Syllabus

Title
1223 Supply Chain Planning
Instructors
Adhurim Imeri, MSc (WU)
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
09/13/21 to 09/26/21
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Thursday 10/07/21 09:00 AM - 12:30 PM TC.2.02
Thursday 10/14/21 09:00 AM - 12:30 PM D1.1.078
Thursday 10/21/21 08:30 AM - 12:00 PM TC.3.06
Thursday 10/28/21 09:00 AM - 12:30 PM TC.0.03 WIENER STÄDTISCHE
Thursday 11/04/21 02:30 PM - 06:00 PM D5.0.001
Thursday 11/11/21 09:00 AM - 12:30 PM TC.3.06
Thursday 11/18/21 08:00 AM - 10:00 AM D5.1.001

Contents

This course covers three planning hierarchies: tactic and operational planning problems in inventory management, and strategic network planning.  It focuses on identifying problem types and finding the most relevant information in the problems in order to formulate the problems to assist decision making. Students are exposed to concepts and models important in inventory planning with emphasis on key trade-offs and phenomena. The following topics are discussed:

  • Single-period inventory modeling: Newsvendor framework
  • Two extensions of Newsvendor
    • Reactive capacity (dual sourcing model)
    • Supply chain coordination 
  • Multi-period inventory modeling
    • Periodic review and base stock policy
    • Continuous review and fix order quantity policy
  • Inventory Pooling effects
  • Strategic network design

Learning outcomes

After completion of this course the students are expected to be able to:

  • Understand the inventory planning systems, modeling approaches, and trade-offs among parameters and how they affect the decisions
  • Derive and formulate the given inventory-related problems for different scenarios
  • Interpret results, draw conclusion, and give managerial insight 

Attendance requirements

Attendance is required and evaluated per class. Absence with valid reason is permitted

Teaching/learning method(s)

Lectures, Assignments, Short-Cases

Assessment

In total, 100 points can be reached. They assemble as follows:

Individual assignments incl. class participation: 20
Group assignments (max. 2 persons): 30
Final exam (individual): 50

 

At the final exam a minimum of 20 points (out of 50) has to be reached in order to pass the course.

 

  • Excellent (1) from 90
  • Good (2) from 80
  • Satisfactory (3) from 70
  • Sufficient (4) from 60

 

Further details will be discussed in the opening session!

Prerequisites for participation and waiting lists

According to §3, paragraph 9 of WU's "Examination Guideline" the following rule applies:

If a student does not attend the first session of this course (ill-founded and without written notice of his/her absence), he/she will be signed off from this course. The next attending student on the waiting list receives the now available place. 

It is not possible to increase the number of participating students over the maximum capacity.  

Readings

1 Author: Gérard Cachon and Christian Terwiesch
Title:
Matching Supply with Demand

Publisher: McGraw-Hill Singapore
Edition: 3
Year: 2013
2 Author: Sunil Chopra and Peter Meindl
Title:

Supply chain management. Strategy, planning & operation


Publisher: Springer
Edition: 6
Year: 2016

Recommended previous knowledge and skills

Basic statistics knowledge

Availability of lecturer(s)

Anytime via e-mail or teams chat; adhurim.imeri@wu.ac.at

On a mutually agreed time slot for meetings in person.

Last edited: 2021-08-30



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